The richest man in the world, Tesla CEO Elon Musk, made an offer to purchase the Twitter platform for a price of $41 billion. The offer represents a value of 38% more than the current evaluation. [SEC FILING HERE] The offer is filed with the US Securities and Exchange Commission proposing a full takeover for $54.20 per share in cash.

Within the filing Elon Musk states his intentions:
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it. (SEC LINK)
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